Constant risk aversion means that adding the same constant to all outcomes of two distributions, or multiplaying all … several representation theorems, where constant risk aversion is combined with some other known axioms to imply specific …

relate the efficiency with bank management quality, we first analysed the effect of efficiency on the systematic risk of …

generate comparatively more non-interest income, which may help to overcome additional expenses. Measures of risk are also …

how to control the bank's overall risk exposure. Each decision-maker will have to understand the risk preferences of … that weak risk control is tied to management and ownership structure, bank examiners must also understand the basic …. ; This study looks at a sample of Tenth Federal Reserve District banks to investigate the relationship between bank risk …

At one time, risk management was limited to insurance and the avoidance of lawsuits and accidents. The new risk … firm. Trading in financial markets based on these tools can insulate companies from the risk of changes in interest rates …, input prices, or currency fluctuations. In this article Philip H. Dybvig and William J. Marshall introduce the new risk …

negatively related to basis risk, to quantity risk, and to transaction costs. Farmers who have less uncertainty about prices have … incentive to hedge can be greatly reduced. And finally, farmers who have low levels of risk aversion have little to gain from … hedging in terms of risk reduction, in that the certainty equivalent payoff at their optimal hedge may be little different to …